John Neal, President-designate, AIG In this role, Neal will report...
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Rising AI-driven cyber attacks and geopolitical tensions shaping APAC cyber risk landscape, Aon study
"In 2025, global and regional geostrategic tensions remain a key...
Some airlines checking Boeing fuel switches after Air India crash
The precautionary moves by India, South Korea and some airlines in...
Global debt levels rose ‘substantially’ in 2021 – World Bank’s Malpass
David Malpass, Presidnt,World Bank President IMF and World Bank officials say 25% of emerging market and developing economies are in or near debt distress, and the number rises to 60% for low- and middle-income countries. Climate shocks, interest rate increases and...
Australia to consider banning paying of ransoms to cyber criminals
Asked on ABC television on Sunday whether the government planned to look at outlawing ransom payments to cyber criminals, Australia's Home Affairs Minister Clare O'Neil said "that's correct". "We will do that in the context of … cyber strategy," she said Sydney:...
Hackers release Thales data on dark web, franceinfo says
The company this week said the Russian-speaking extortion and ransomware group had claimed to have stolen some of its data, with plans to publish it on Nov. 7. Data relating to French defence and technology group Thales have been published on the dark web by hacker...
5.4-magnitude quake hits Nepal; tremors in Delhi NCR, Uttarakhand
An IMD official said the quake originated in Nepal at a depth of 10 km with Latitude 29.28 N and Longitude 81.20 E In Uttarakhand, the tremors were felt in places including Pithoragarh, Munsiyari and Gangolihat New Delhi: Tremors were felt in Delhi-NCR and some other...
Russian oil cap doubts spur insurer fears of ships left at sea
If insurance was withdrawn mid-voyage, buyers and traders would have to figure out what to do with a stranded cargo potentially exposed to sanctions, complicating a strategy to deprive Russia of funds over its invasion of Ukraine. Oil-laden tankers risk being left...
Twitter’s hectic overhaul puts world’s regulators on alert
Elon Musk The US Federal Trade Commission (FTC) regulates how Twitter handles user data and has been overseeing the company’s privacy and data security compliance since it put the company under a consent order in 2011, which requires Twitter to submit to independent...
GIFT-IFSC an attractive entry point for India says its chairman Srinivas
Injeti Srinivas,chairman,IFSCA "I think in the next five years, IFSCA will clearly establish itself as a very attractive entry point for India. It will start emerging as an international financial centre for even non-India businesses… In five (years) it will be...
Need high regulatory standard globally to deal with crypto risks: Yellen
Janet Yellen,US Treasury Secretary "We need a high regulatory standard globally, we need to take steps to reduce the cost of cross-border payments and we are very actively working in the context of financial stability with Financial Action Task Force and multilateral...
FTX scrambles for funds as regulators take action
FTX's predicament marks a stunning downfall for the 30-year-old crypto executive who was once worth nearly $17 billion. The U.S. securities regulator is investigating FTX.com's handling of customer funds and crypto-lending activities, according to a source with...
Lloyd’s picks England for World Cup glory, team’s estimated insurable value at £3.17bn
Research published with the support of the Centre for Economics and Business Research (Cebr) ranks the teams based on the collective insurable value of their players. The assessment of each insurable value comprises a variety of metrics such as wages, sponsorships,...